Nishinoshima Town: property prices and land values

西ノ島町

Data last updated: November 2026 (Land Price Publication 2026, Prefectural Survey 2026, transactions through Q2 2026)

Avg. residential land price
¥13K/m²
≈ $8/sq ft · 3 sites
#1259 of 1795 municipalities in Japan
Avg. commercial land price
¥24K/m²
≈ $14/sq ft · 1 sites
1-year change
−1.9%
Residential −1.2% · commercial −3.7%
5 years / 10 years
−10.1% / −24.9%
Same sites, chained
Pre-owned condos per m²
No data
Pre-owned houses (median)
¥2.8M
≈ $18K · 4 sales
Real Estate Zukan Index
15/100
#1604 in Japan
Total real estate value Estimate
¥10.4 billion
≈ $66.43M · land ¥7.2 billion + buildings ¥3.2 billion
#1550 of 1719 municipalities

Map official land price survey sites

Tap anywhere on the map to get an estimate for that spot. Map: GSI Tiles.

Price trend and forecast average chained from the same survey sites

¥0/m²¥20K/m²¥40K/m²¥60K/m²2006201020142018202220262036
ResidentialCommercialResidential forecast
Avg. residential land priceNow1 year3 years5 years10 years
Forecast Forecast
−1.7% a year
¥13K/m²¥13K/m²¥13K/m²¥12K/m²¥11K/m²

Forecasts are projections, not guarantees. 10-year range: ¥9,182/m²–¥13K/m²

Total real estate value of Nishinoshima Town land and buildings · estimated from FY2025 assessed values for fixed-asset tax

Total value (market estimate)
¥10.4 billion
≈ $66.43M · 0.00% of Japan
Land (market estimate)
¥7.2 billion
residential land ¥6.9 billion
Buildings (assessed)
¥3.2 billion
3,350 buildings · 29.1 ha floor area
Assessed value (fixed-asset tax)
¥8.4 billion
land ¥5.2 billion · buildings ¥3.2 billion
ItemAssessed valueMarket estimateAreaPer m² (market estimate)
Residential land¥4.8 billion¥6.9 billion68.1 ha¥10K/m²
Other land
farmland, forest, other
¥358.9M¥358.9M33.6 km²—
Buildings
wooden ¥2.6 billion · non-wooden ¥573.2M
¥3.2 billion¥3.2 billion29.1 ha floor—
Total¥8.4 billion¥10.4 billion

Market estimate: residential land is assessed at about 70% of official land prices, so its assessed value is divided by 0.7; other land and buildings are shown at assessed value. Tax-exempt land and buildings (roads, parks, etc.) are not included. Source: Ministry of Internal Affairs and Communications, survey of fixed-asset values (FY2025, by municipality), compiled by Fudosan Zukan.

Nishinoshima Town compared with larger areas

AreaAvg. residential≈ USD/sq ftNishinoshima Town is1 year5 yearsCondos per m²Index
Nishinoshima Town ¥13K/m²$8/sq ft −1.9%−10.1% —15
Shimane ¥25K/m²$15/sq ft 0.53x−0.8%−3.9% ¥244K/m²15
Japan ¥120K/m²$71/sq ft 0.11x+2.1%+8.0% ¥493K/m²—

Neighborhoods 3 · click a heading to sort

AreaAvg. residentialAvg. commercial1 year5 yearsCondos per m²Sales
Oaza Beppu
別府
¥15K/m² — −1.3% −9.8% — 3
Oaza Urago
浦郷
¥13K/m² ¥24K/m² −2.2% −9.9% — 2
Oaza Mita
美田
¥12K/m² — −1.7% −10.8% — 4

Official land price survey sites highest first · 4 sites

LocationUsePrice per m²≈ USD/sq ft1 yearStation
島根県 隠岐郡西ノ島町大字浦郷字延命小路351番1
Prefectural Survey 2026
Commercial¥24K/m²$14/sq ft −3.7%店舗兼住宅が建ち並ぶ古くからの商業地域
島根県 隠岐郡西ノ島町大字別府字後畑66番1
Prefectural Survey 2026
Residential¥15K/m²$9/sq ft −1.3%一般住宅の建ち並ぶ閑静な住宅地域
島根県 隠岐郡西ノ島町大字浦郷字坂ノ浦747番1
Prefectural Survey 2026
Residential¥13K/m²$8/sq ft −0.7%中規模一般住宅が建ち並ぶ住宅地域
島根県 隠岐郡西ノ島町大字美田字大津299番1
Prefectural Survey 2026
Residential¥12K/m²$7/sq ft −1.7%一般住宅のほか店舗等も見られる住宅地域

Transaction prices MLIT Real Estate Information Library · last 2 years · 9 sales

Condos per m² (median)
—
Condo price (median)
—
Land & building (median)
¥2.8M
Land per m² (median)
¥2,600/m²

Sales in the loaded period: Farmland 8 · Land & building 8 · Land 5

DistrictPeriodTypePriceAreaBuiltPer m²
Oaza MitaQ2 2026Farmland ¥1.5M590 m²——
Oaza UragoQ1 2026Land & building ¥3.0M240 m²1989—
Oaza MitaQ4 2025Land & building ¥500K190 m²1989—
Oaza UragoQ4 2025Land & building ¥2.6M230 m²1949—
Oaza BeppuQ3 2025Land ¥640K90 m²—¥7,200/m²
Oaza BeppuQ3 2025Farmland ¥3.2M1,300 m²——
Oaza MitaQ2 2025Land ¥1.0M1,200 m²—¥870/m²
Oaza MitaQ2 2025Land & building ¥4.0M1,700 m²——
Oaza BeppuQ2 2025Land ¥700K270 m²—¥2,600/m²
Oaza MitaQ4 2024Land & building ¥3.2M165 m²——
Oaza MitaQ4 2024Land ¥6.8M1,400 m²—¥5,000/m²
Oaza MitaQ4 2024Land ¥1.5M310 m²—¥4,900/m²
Oaza UragoQ3 2024Land & building ¥5.1M260 m²1981—
Oaza MitaQ2 2024Farmland ¥1.0M3,800 m²——
Oaza MitaQ2 2024Farmland ¥950K1,900 m²——
Oaza MitaQ1 2024Farmland ¥1.0M330 m²——
Oaza MitaQ1 2024Farmland ¥2.0M660 m²——
Oaza UragoQ1 2024Farmland ¥30K8,888 m²——
Oaza UragoQ1 2024Farmland ¥20K1,500 m²——
Oaza MitaQ4 2023Land & building ¥3.0M150 m²1958—

Real Estate Zukan Index breakdown percentile within Japan (100 = highest)

Market activity
3
1-year growth
13
5-year growth
12
10-year growth
7
Price level
30

Population, income, rent, yield, transport and disaster risk will be added once sourced data is available. Methodology

Nearby areas

FAQ

What is the average land price in Nishinoshima Town?

The average price of residential land in Nishinoshima Town is ¥13,267 per m² (about ¥43,858 per tsubo), based on 3 sites in the official land price surveys (2026).

Are land prices in Nishinoshima Town going up?

Land prices in Nishinoshima Town have fallen by -1.9% on average over the past year. Over five years the change is -10.1%.

What is the land price forecast for Nishinoshima Town?

The Fudosan Zukan model projects residential land prices to change by -1.7% a year, reaching about ¥11,197 per m² in 10 years (range ¥9,182–¥13,212). Forecasts are projections, not guarantees.

What is the total value of real estate in Nishinoshima Town?

About ¥10.4 billion: land ¥7.2 billion and buildings ¥3.2 billion (estimated from assessed values for fixed-asset tax, FY2025; assessed total ¥8.4 billion).

Land prices are official survey prices (Land Price Publication as of January 1, Prefectural Land Price Survey as of July 1); transactions are MLIT transaction and contract prices. Averages, changes, forecasts and the index are calculated by Fudosan Zukan. All prices in Japanese yen; dollar figures (≈) at ¥157.25 = $1 are for reference. Estimated prices and forecasts on this site are for reference only and do not guarantee actual sale prices or appraisal values. The estimate is not a licensed real estate appraisal; it is an "AI-estimated price" calculated from public land price and transaction statistics. Forecasts are projections, not guarantees.